Downtown Leesburg Investment Retail Center
208 - 210 Church St SE
Leesburg, VA 20175
Highlights
- Prime Downtown Location: Situated in the heart of walkable, historic Leesburg with strong foot traffic and visibility.
- Fully Leased Asset: 100% occupancy across multiple tenants with staggered lease expirations, minimizing rollover risk.
- Turnkey Investment: Renovated in 2020 with a current NOI of $190,539 and minimal landlord responsibilities.
- Affluent Demographics: Located in Loudoun County—highest median household income in the U.S.—with $137K+ average income within 1 mile.
- High-Growth Market: Benefit from strong population and economic growth in one of Northern Virginia’s most desirable submarkets.
- 1031 Exchange Friendly: Strong in-place cash flow and long-term appreciation potential ideal for exchange buyers seeking stability and upside.
Description
Fully leased 9,364 SF retail center in the heart of Downtown Leesburg—Northern Virginia’s fastest-growing and most affluent market. Renovated in 2020 and generating $190,539 in NOI, this stabilized asset features multiple tenants with staggered leases and minimal landlord responsibilities.
Located in Loudoun County—the wealthiest county in the U.S.—this property benefits from strong household incomes ($137K+ within 1 mile), high foot traffic, and low retail vacancy. Ideal for 1031 buyers seeking immediate income, long-term appreciation, and a trophy location in a walkable, high-demand submarket.
Situated in the vibrant core of historic Downtown Leesburg, this property offers exceptional visibility and accessibility within one of the nation's most affluent and rapidly expanding counties. Loudoun County boasts a median household income of approximately $153,716, positioning it as the wealthiest county in the United States .
The area has experienced significant population growth, fueled by its proximity to the Dulles Technology Corridor and Washington, D.C., attracting a highly educated and affluent demographic. This growth has spurred a dynamic local economy, with a robust demand for commercial spaces.
Downtown Leesburg is characterized by its low retail vacancy rates, reflecting a thriving business environment and strong consumer demand. The property benefits from high foot traffic, thanks to its location amidst a mix of boutique shops, acclaimed restaurants, and cultural landmarks.
Moreover, the town's commitment to preserving its historic charm while fostering economic development makes it an attractive destination for both residents and visitors. With excellent connectivity via Route 7 and the Dulles Greenway, this location offers both charm and convenience, making it a prime investment opportunity.
